Staking APR

The APR you're seeing is a virtual one, calculated using the formula:

Interest rate × Utilization rate × (lpETH supply / slpETH supply)

However, it's important to note that rewards only accrue when someone repays their debt.

This means while the displayed APR reflects potential earnings based on market conditions, actual returns depend on borrower activity—no repayments, no rewards.

lpETH Staking APR